https://www.taxtmi.com/caselaws?id=106969 Rule 5 of the Customs Valuation Rules applies only where the comparison is with identical goods, including goods manufactured or produced in the same country as the imported goods. Imported goods manufactured in Indonesia could not be valued by reference to goods manufactured in Taiwan, because goods from a different country do not satisfy the statutory definition of identical goods. The valuation scheme prescribed by the rules had to be followed, and the department could not disregard that framework by using an ineligible comparison. On the stated facts, Rule 5 was inapplicable. en-us Wed, 09 Oct 2002 00:00:00 +0530 Fri, 16 Mar 2012 17:29:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106969 Rule 5 of the Customs Valuation Rules applies only where the comparison is with identical goods, including goods manufactured or produced in the same country as the imported goods. Imported goods manufactured in Indonesia could not be valued by reference to goods manufactured in Taiwan, because goods from a different country do not satisfy the statutory definition of identical goods. The valuation scheme prescribed by the rules had to be followed, and the department could not disregard that framework by using an ineligible comparison. On the stated facts, Rule 5 was inapplicable. Case-Laws Customs Wed, 09 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106969